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The response from Newsom, who once fancied himself at the vanguard of the Trump resistance, has been to largely ignore the president’s actions, or to issue some airy platitudes with the throw weight of a down pillow.

“This is a very tough and very emotional issue, so there’s some different points of view. I get it. But if you look at where the throw weight is, there is a significant bipartisan majority.”

"I guess. But I'm really for American and I just think that our interest is in counterbalancing the actual threat, which is China. And the only other country with any throw weight that might help us do that is Russia. And our continuation of the Cold War has pushed Russia toward China, and that does not serve our interests in any way. Does it?"

In addition to condemning voting proposals in dozens of states, activists want companies to testify in front of legislators, withdraw financial support from lawmakers who support them, and throw weight behind federal election reform legislation.

As long as there are enough amateur investors to throw weight around, they can decide whether a stock moves up or down.